TGT Archives - Page 7 of 10 - Blue Horseshoe Stocks

Friday’s 40,000% Gainer

Incredible Options Gains

Even as markets around the globe struggle with the unprecedented effects of the novel coronavirus, chances for ridiculously large profits have been available to short-term traders. On Friday, we submitted some options ideas in our premarket report, and among them came the top gaining idea we have ever produced in our entire recorded history. All in one session.

We signaled interest in the AVGO Weekly $220-230 Calls and the ADBE Weekly $295-305 Calls, and saw some eye popping gains, including an unbelievable 40,000% runner!

AVGO Weekly $220-230 Calls
$220: .03-12.40 (+41233%)
$225: .01-4.30 (+42900%)
$230: .02-2.00 (+9900%)
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ADBE Weekly $295-305 Calls
$281: 22.00-40.09 (+82%)
$280: 4.00-21.00 (+425%)
$279: 1.64-15.00 (+876%)

Target Corp. TGT – Update

On Thursday morning we signaled a range of extended-term TGT ideas, the TGT 04/03 $98-90 Puts. In addition to current market conditions, the stock was exhibiting a gap to the low-side, and undergoing insider sales. It has created a perfect storm for shorts, and with the way things are going, the rewards should be there for the reaping this week.

We just wanted to remind everyone to watch these plays closely in the next few sessions, as we still expect to see significant gains from these ideas.

Extended Watchlist:
AYTU, KAVL, ZAAG, MRNA, NVNT, OCUL, INO

SPY Remains the Go-To Play

SPY Updates

Once again staying with the trend of the day, we flipped Tuesday’s bullish SPY idea over to a bearish one in our premarket report yesterday (SPY Weekly $282-279 Puts). We’ve been getting a lot of back and forth over the coronavirus , and expect that to continue for quite some time before any real stabilization occurs.

Thankfully, we have been staying ahead of the curve, still making opportunities available to those with the intestinal fortitude for short-term trading under these conditions. Here are the ranges from yesterday on the puts we selected:

SPY Weekly $282-279 Puts
$285: 6.65-13.26 (+99%)
$286: 6.20-12.65 (+104%)
$287: 5.71-12.01 (+110%)
$288: 5.33-11.35 (+113%)

With the markets appearing to ready themselves for another bloody day on the heels of yesterday’s Europe travel ban, the NBA season suspension, and more, we expect to see these highs explode even further. We would like caution traders to be ready for another potential 15-minute trading halt at some point today, as we saw on Monday. To stay closer to the money, we’re also going to modify our strike area and begin to track the SPY Weekly $262-259 Puts.

Target Corp. TGT

We would also like to signal some puts on TGT, which is currently exhibiting a low-side gap, as well as experiencing some recent insider selling.

Combined with the market current, we like the potential here. We’re going to go a few weeks out with this idea, and signal the TGT 04/03 $98-90 Puts. If things continue along the same path in the days and weeks ahead, we stand to see some significant opportunities.

Multi-Bag Options Runners

SPDR S&P500 (ETF) SPY – Review

We really couldn’t have timed our call of the market reversal any better, and in fact, our handling of the whole coronavirus issue has been extremely fortuitous by all accounts. Our targets, the
SPY 03/13 $298-301 Calls, were able to see some excellent new highs on the strength of the rebounding market.

The following gains represent the lows subsequent to Friday’s call of these plays to the new highs recorded yesterday:

SPY 03/13 $298-301 Calls
$298: 5.67-14.21 (+151%)
$299: 5.44-13.97 (+157%)
$300: 4.65-13.42 (+187%)
$301: 4.54-12.47 (+175%)

JD.com, Inc. JD

We also had the JD Weekly $39.50-41.50 Calls, which we offered up fresh for yesterday’s report. Despite China fears abounding, this Chinese retailer dropped solid earnings and performed exceedingly well on the day.

All of our target contracts enjoyed significant multibag moves on the day.

JD Weekly $39.50-41.50 Calls
$39.50: 1.91-4.60 (+136%)
$40: 1.55-4.17 (+169%)
$40.50: 1.30-3.60 (+177%)
$41: 1.02-3.40 (+233%)
$41.50: .85-2.75 (+224%)

We’ll roll up to the JD Weekly $42.50-43.50 Calls to stay closer to the action as we head into the midweek point.
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Fresh Ideas:
KSS Weekly $39.50-41.50 Calls
TGT Weekly $109-111 Calls

Extended Watchlist:
CHK, CVGW, SBBP, IPIX,

Hugely Successful Week for Options

Options Review
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After considerable options success earlier in the week, we doubled down on a couple of our mid-week ideas in TGT and CGC, adding higher strike ranges to keep an eye on. In both cases, our updated ideas from yesterday morning’s premarket report yielded significant intraday gain opportunities.

We highlighted the TGT Weekly $126-128 Calls, which came up with the following intraday moves:

$126 Calls – Range: .80-2.06 – Max Gain: 157%
$127 Calls – Range: .52-1.31 – Max Gain: 152%
$128 Calls – Range: .27-.73 – Max Gain: 170%

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The updated highs on our targets from Wednesday on the CGC Weekly $15.50-16.50 Calls were considerably greater than the previous session:

$15.50 Calls – Range: .43-5.57 – Max Gain: 1195%
$16 Calls – Range: .36-5.50 – Max Gain: 1427%
$16.50 Calls – Range: .35-4.85 – Max Gain: 1286%

Our updated ideas, the CGC Weekly $18-18.50 Calls also put up impressive multi-bag performances on the day:

$18 Calls – Range: .87-3.40 – Max Gain: 291%
$18.50 Calls – Range: .63-3.15 – Max Gain: 400%

Fresh Options Ideas
FL Weekly $42-43.50 Calls
SPLK Weekly $134-138 Calls

Extended Watchlist:
ADXS, CTST, TOPS, CELH, WTRH, GLBS, MVIS

Big Options Wins, GRMM News

Target Corp. TGT &
Canopy Growth Corp. CGC – Options Review
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As usual, we offered up some fresh options ideas to our readers in yesterday morning’s premarket report, and unsurprisingly, we saw some very nice moves out of all of them. We had identified potentially attractive targets in both the CGC and TGT chains, and everything worked out in our favor.

Here were the total possible gains that could have been achieved on the day:

TGT Weekly $119-123 Calls
$53 Calls – Range: 1.73-8.20 – Max Gain: 374%
$52.50 Calls – Range: 1.35-7.20 – Max Gain: 433%
$52 Calls – Range: 1.00-6.30 – Max Gain: 530%
$51.50 Calls – Range: .74-5.34 – Max Gain: 622%
$51 Calls – Range: .53-4.50 – Max Gain: 749%
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CGC Weekly $15.50-16.50 Calls
$19.50 Calls – Range: .43-2.90 – Max Gain: 574%
$20 Calls – Range: .36-2.37 – Max Gain: 558%
$20.50 Calls – Range: .35-1.99 – Max Gain: 469%
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We’re going to stick with both of these chains, but roll up our potential strike prices to stay a little closer to the action. We’ll be tracking the TGT Weekly $126-128 Calls and the CGC Weekly $18-18.50 Calls.

Grom Social Enterprises, Inc. GRMM – News Update

We also wanted to swing back around to GRMM, a stock that we did an in-depth report on earlier this month. The company has just announced a $2M debt conversion at a premium to market pricing in a move that does a lot to strengthen the company’s balance sheet.

If you have yet to take a closer look at GRMM and it’s kid-safe social media platform, we urge you to click the link above or below and seek out our in-depth report.

Boca Raton, Florida, Nov. 21, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Grom Social Enterprises, Inc. (OTCQB: GRMM) (“Grom,” the “Company,” “we,” “us” or “our”), a leading social media platform and original content provider for children between the ages of 5 and 16, today announced that it has strengthened its balance sheet through the conversion of $2.0 million of debt to equity at terms believed to be favorable by the Company.

Pursuant to the terms of the transactions, certain of Grom’s noteholders converted $1.8 million of convertible promissory notes into common stock at terms believed to be favorable by the Company, while management converted $200,000 of interest-free loans due from the Company into common stock at $0.175 per share, a premium to the current market price per share. Including this transaction, Grom senior management has converted approximately $1.7 million of debt into common stock since 2018, all at a significant premium to market. (>>View Full PR)

>>READ OUR DETAILED GRMM REPORT<<

Extended Watchlist:
REPL, SPWR, BIOC, HEPA, XXII, ONTX,